William Koch's Picasso, Monet Could Fetch $110 Million at Sotheby's Auction | NBC 10 Philadelphia

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William Koch's Picasso, Monet Could Fetch $110 Million at Sotheby's Auction

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    Members of Sotheby's staff pose for the media with "La Gommeuse" by Pablo Picasso at the Sotheby's auction house in London, Friday Oct. 9, 2015.

    An erotic painting of a cabaret singer by Pablo Picasso with a second picture on the reverse side could bring over $60 million at auction.

    Picasso's "The Night Club Singer" from his Blue Period was created in 1901.

    A bawdy picture of his dealer, Pere Manach, is on the back. Sotheby's says it was revealed during a 2000 conservation. An inscription indicates it was intended as a gift to Manach.

    The seller is billionaire businessman William Koch, who displayed it so it could be seen from both sides.

    He's also selling a 1908 "Water Lillies" painting by Claude Monet. It's estimated at $30 million to $50 million.

    The paintings will be auctioned at Sotheby's New York Impressionist and Modern Art Evening sale on Nov. 5. 

    Koch is a 1992 America's Cup winner and brother of conservative donors Charles and David Koch.